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Request Info$6,688,000
Active
55 E 1st ST Overview
- Time on Site:
- 92 days
- Visits:
- 2
Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.
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55 E 1st ST Facts & Features
- Type Single Family
- Sq. ft. 1,300
- Price/Sq.ft. $5,145
Details
General
Association/HOA
- Association: 0
School Information
- School District: Morgan Hill Unified
Building Information
- Year Built: 1956
Location/Region
- County Or Parish: Santa Clara
- MLS Area Major: Morgan Hill / Gilroy / San Martin
General Information
- Parcel Number: 726-14-046
- Property Sub Type: Detached
- Property Type: Residential
- Zoning: CC
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bathrooms Full: 2
- Bedrooms Total: 4
General Information
- Cooling: Central AC
- Fireplace: 0
- Flooring: Hardwood,Tile
- Foundation Details: Crawl Space
- Heating: Forced Air
- Living Area: 1300
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Off-Site Parking,On Street
Lot Information
- Lot Size Source: Assessor
- Water Source: Public
Building Exterior/Construction
- Roof: Shingle
General Information
- Fencing: Wood
- Horse: No
- Pool Private: 0
- Sewer: Sewer - Public
- Utilities: Individual Electric Meters,Individual Gas Meters,Natural Gas,Public Utilities
55 E 1st ST Neighborhood
Community
95037 (Morgan Hill) Demographics
38
Median Age
211
Population Density (per sq. mile)
52%
College Educated
$128,381
Estimated Median Income
12,069
Estimated Total Home Owners
4,517
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.55 E 1st ST Monthly Cost
55 E 1st ST Market Data
Based on the last 30 days in this zip code
$1,679,022
Average List Price
$660
Average Price per Square Foot
73
Properties Sold
114
Average Days on Market
468
Properties for Sale
55 E 1st ST History
| Date | Value | Agent |
|---|---|---|
| 3/30/2026Source: bridgeMLS | March 30, 2026 |
|
| 3/30/2026Source: CRMLS | March 30, 2026 |
|
| 3/30/2026Source: MLSListings | March 30, 2026 |
Listing provided courtesy of Coldwell Banker RealtyJenny Huang- MLS# ML82040865
Contact Information: (408) 779-5000
Contact Information: (408) 779-5000